Tex. Loc. Gov't Code § 383.082

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 383.082 - Manner of Repayment of Bonds

The board may provide for the payment of principal of and interest and redemption price on bonds:

(1) from taxes;

(2) by pledging all or any part of the designated revenues, license fees, or other compensation from a project or any part of a project, including revenues and receipts derived by the district from the lease or sale of the project;

(3) by pledging all or any part of any grant, donation, revenue, or income received or to be received from any public or private source; or

(4) from a combination of such sources.

Tex. Loc. Gov't. Code § 383.082

Added by Acts 1995, 74th Leg., ch. 995, Sec. 5, eff. 9/1/1995. Renumbered from Tax Code Sec. 312.635 and amended by Acts 1997, 75th Leg., ch. 165, Sec. 23.05, eff. 9/1/1997.